Find Legal Information

164A.120 Rights of holders of obligations.

Download pdf

164A.120 Rights of holders of obligations. Any holder of obligations issued under the provisions of this chapter or any coupons <br>appertaining thereto, and the trustee under any trust agreement or resolution authorizing <br>the issuance of such obligations, except the rights herein given may be restricted by such <br>trust agreement or resolution, may, either at law or in equity, by suit, action, mandamus or <br>other proceeding, protect and enforce any and all rights under the laws of the state or <br>granted hereunder or under such trust agreement or resolution, or under any other contract <br>executed by the corporation pursuant to this chapter, and may enforce and compel the <br>performance of all duties required by this chapter or by such trust agreement or resolution <br>to be performed by the corporation or by any officer thereof. Effective: June 17, 1978 <br>History: Created 1978 Ky. Acts ch. 387, sec. 12, effective June 17, 1978.